60% try 80%

They also should be docked for not showing up.

@@carolseidl1971 yep or supply a medical certificate just like we do

BEST COMMENT I'VE SEEN IN YEARS.. I'M GOING TO COPY AND PASTE IT INTO CURRENT VIDEOS SEEING THIS IS NOW 9 MONTHS OLD... GOD BLESS

40 Billon in evaporated aboriginal funding with Zero outcome.

Don't know why we still have the Luxury Car Tax. Wasn't it meant to be used to help prop up the local car industry...

Yep l agree they can get stuffed alright , mongrels, bludgers ,

I believe you need to do a little research before believing the BS from Senator Bragg. Under the proposal, the earnings on super balances of more than $3 million will be taxed at 30 per cent, rather than 15. It will raise about $2 billion a year once it comes into effect after the next federal election, with a start date of July 2025. I suspect you don't have $3 million so you will not have to pay 1c of extra tax.

This is the tail end of voting for the uniparty.

@@briananderson7285 I believe you need to do a little research before believing the BS from Senator Bragg. Under the proposal, the earnings on super balances of more than $3 million will be taxed at 30 per cent, rather than 15. It will raise about $2 billion a year once it comes into effect after the next federal election, with a start date of July 2025. I suspect you don't have $3 million so you will not have to pay 1c of extra tax.

Bit you will just keep paying because goverment made the population think they have no power. The people have all the power they're just to comfotable and cowardly to do anything about it. It's sickening to see how pathetically weak humanity has become.

GST was the same too, was meant to impact people buying lots of things and income tax would be removed entirely by a 20% GST.. never happened and we just got yet another tax that hits everyone at every level for 10%. Australia's taxation system is a joke, a bad one.

The fact they're not indexing it makes the lie even worse. The average 20 year old will be subjected to this tax assuming below historical market rates of return and that the average wage in Australia doesn't change. If they get historical rates of return and the mean wage increases as much as it has the last 25 years then the majority of 20 year olds will be impacted by this and a significant portion of 25 and 30 year olds as well. The worst part is it's a wealth tax as well rather than income based. I'd actually support a higher marginal rate on income in superfunds, that would actually be perfectly fair, but an unindexed wealth tax is abhorrent.

Good point

Lock : And there is Nothing you can , or will do about it . Serf !

It is an attitude like this that gets us Nowhere, why those of us that are fighting back consider people like you with your attitude... the Enemy. Either that or just a brainwashed shill.

@@justinsmith8161 And exactly how are you and others going to change a corrupt broken system that has been operating for Centuries? Every three years like clockwork, another clown comes from behind the curtain to replace the first clown, and the public keep re-electing these clowns knowing they are clowns. So, unless you have the solution to un-brainwash 90% of the Australian population; then nothing is going to happen besides one more fart escaping a bottle.

@@jimmyhvy2277 Well, having a "talk-fest" about it certainly hasn't worked - has it?

The truth is that your hard earned tax money pays for the things that make us a civilised society - roads, schools, hospitals, pension payments, defence etc. Yes, there is no doubt that some of our politicians (Sussan Ley comes to mind when she charged tax payers for her trips to extend her housing portfolio) rip off the system.

Have already. xx

Laws can be changed over time. At the moment, very few Australians see this tax as anything other than very fair. Think about the purpose of Super. If you want to build estate wealth, do it outside of Super.

​@@chrisburnett4742 "fair" would be indexing the new super tax threshold to wage growth or % increases in pensions etc. Income tax brackets not being indexed also isn't "fair" at the moment, especially when Centrelink payments are increasing all the time. IMO "very fair" would be converting government-funded support payments and pensions to a HECS-style loan scheme, repayable from the deceased estate (you could limit the repayment to say 80% of the estate assets if you really want). Every single major infrastructure project seems predicated on something like "with Australia growing to XX million people by 20YY, we need to start building Project Z right now" - why can we look so far into a theoretical future situation when it's the government spending our money to accommodate non-existent future residents, but not when making actual enforceable laws to tax actual residents in perpetuity?

Please tell me you don’t have kids Chris. Your short sightedness is insane. Its clearly not fair to future generations because it isn’t indexed, everyone who is under 20 will practically be affected by this. Also what’s the bet they combine couples like they do the income tax. Laws change over time, yep but taxes rarely get removed. Why don’t we get rid of income tax Chris? It was supposed to be phased out and gst take over. What about luxury car tax? We don’t even manufacture cars anymore. Hell we can’t even get rid of the toll road fees on citilink because the state government wanted to keep getting paid. Shocker, taxes are hard to get off the books because it means deficits.

We also know how much government consultants usually serve the purpose of enriching themselves rather than providing value for tax payers. PWC anyone? Or how about KPMG in countries overseas? Give me an old fashioned public servant who actually has a calling to serve the people of Australia any day.

The results of the Voice referendum from Canberra, where electors there voted 61% for YES , shows how different the public service is from Australia.

We wish !

@@jackstanton8212 We had that kind of public service before neo-liberalism deskilled and undermanned it, replacing career experts with ridiculously highly paid department secretaries on $million salaries who were owned by their ministers to tow the line in order to keep their gravy train going. Kathryn Campbell of Robodebt fame comes to mind.

No different on the other side that's the problem..Both work for the WEF UN WHO NATO

Absolute garbage. Super is taxed at a subsidised rate (15%) when it is paid into a fund. After 60 it can be taken out, tax free. Up to $27,000 PA can be salary sacrificed into super BEFORE tax is paid, thus reducing taxable income. For most people this means they are at least halving their tax rate by putting money into Super pre-tax. No businesses will have to pay more to mitigate the new tax because more than 99.5% of employees will never get anywhere near having $3 million in Super. Unfortunately our tax base is shrinking with next years tax cuts costing our country’s revenue over $20 billion. This is not far from double the national defence budget. Best of all, nearly all of the benefits of the stage 3 tax cuts go to our country’s wealthiest earners.

almost every AU$, that you have earned and payed income tax on, will be taxed at least one more time when you spend it. they are always looking for new angles.

Bring back the 21%

@@gppsoftware it doesn't matter who Labor or LNP they all could have got riiden of them .. They all work for the WEF WHO UN NATO BLACKROCK VANAGUARD

@@302esky they could have got rid of them, but LABOUR ADD MORE!

@@whtkngofc both work together, to ruin the low income anyone under 200K

Criminals just don't pay tax just look at Trump. Under the proposal, the earnings on super balances of more than $3 million will be taxed at 30 per cent, rather than 15. It will raise about $2 billion a year once it comes into effect after the next federal election, with a start date of July 2025. I suspect you don't have $3 million so you will not have to pay 1c of extra tax.

@@hayloft3834 Agreed, and it keeps wages low as a consequence. Then some the super funds charge large fees and 'under perform' so the fund makes more profit for themselves than the worker off that money. It's a massive scam. A transference of wealth from the poorest to the richest.

@@hayloft3834 you're almost there. It's wages that are being withheld from workers until they reach retirement age, with no guarantee it will still be there when needed. It's money that could be used for housing or other living expenses. It is a compulsory govt scheme makes a lot of people wealthy using low income worker's money to invest while the worker is banned from accessing that money to live.

@@hayloft3834 I'll also add that wage rises in the private sector have all but dried up since Julia Gillard announced that very generous (with other people's money) increase to super contributions. 1-2% is the annual wage rise if any is given at all. Wages are stagnant and that money withheld in super (rather than available for pay rises that can keep up with CPI) is causing poverty for low income families. Oh, and the kicker is, that low income earner will never be able to retire on that small super balance, and will still be on a pension. So how did this super scam help low income worker's?

The worst part is that the government/ATO then target anyone who actually tries to use it to their advantage as well. Such as the people being targeted by this wealth tax for daring to want a great retirement. It's effectively an 11% tax that everyone now has to pay on top of all the other taxes to replace the pension in old age except we're not even allowed to access it when we want to retire and have to wait until the government decides we're old enough to retire.

@@hayloft3834 If you think employers don't consider it as a part of payroll and employment decisions then I've got a bridge to sell you. The ever increasing rate of SGC is a very significant reason that Australian wages have been so stagnant since it's introduction and especially since its mandated increases. There is a reason that superannuation is included in every salary package that gets listed, whether inclusive or + super, it's explicitly stated and a direct result of your employment. Just because the payment is made direct to your superfund on your behalf doesn't mean it wasn't paid to you. You're just trying to argue semantics, SGC absolutely forms a part of your remuneration for employment and I dare say most employees would rather have that extra 11% in their pocket than unable to use it how they see fit for the next 40 years.

I believe you need to do a little research before believing the BS from Senator Bragg. Under the proposal, the earnings on super balances of more than $3 million will be taxed at 30 per cent, rather than 15. It will raise about $2 billion a year once it comes into effect after the next federal election, with a start date of July 2025. I suspect you don't have $3 million so you will not have to pay 1c of extra tax.

Time to rise up people!

😂the level of censorship happening on this platform is making the communist party envious 🎉

No no,they contribute to the party

Well lest get them out

And they promised they wouldn't before the elections!

@@SamsungSamsung-md9xq A "Labor promise" isn't what everyone else understands a promise to be, they have a different definition. more like a "suggestion" or "possibility".

Yeah like snowy hydro,from 2 billion to 22 billion,and counting,cause it's all borrowed money,and the borer is stuck and going no where,Australia really is run by the WEF and their mates,wake up people!@

No you're not.

It womt go down till your leaders wake up to themselves and stop this green BS

Yep,GST on the mower,import Duty if applicable,EXCISE then GST on fuel and oil.